1837 Hoffmann LN, New Braunfels TX 78132

After reviewing 7 recent transactions in 78132, I estimate this property's value at $1,207,088. A competitive list price for this home right now would fall in the $1,484,000 to $1,629,000 range. This would position the home competitively among 3 active listings in 78132. At 336 sqft larger than the typical comp, the size difference factors into the valuation. The larger lot (28.29 acres versus the area average of 2.11) contributes to the valuation. Current inventory shows 3 comparable homes in 78132; a buyer's market based on recent absorption. Prices in 78132 have risen 14% over the last 6 months. A similar home at 2225 Elm Cedar DR, New Braunfels TX 78132 carries an adjusted comparable value of $969,612, providing a strong data point. With 7 comparable sales in 78132, this estimate carries a reasonable degree of confidence. This estimate is based entirely on market data. An in person evaluation could refine it further. Ed Neuhaus, Broker/Owner, Neuhaus Realty Group